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What is indirect loan?
Question
Asked 6/17/2011 12:04:11 AM
Updated 4/15/2018 9:14:14 AM
2 Answers/Comments
Flagged by Wallet.ro [4/15/2018 8:56:45 AM], Edited by yumdrea [4/15/2018 9:14:11 AM], Unflagged by yumdrea [4/15/2018 9:14:14 AM]
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User: What is indirect loan?

User: What is illiquid?

Question
Asked 6/17/2011 12:04:11 AM
Updated 4/15/2018 9:14:14 AM
2 Answers/Comments
Flagged by Wallet.ro [4/15/2018 8:56:45 AM], Edited by yumdrea [4/15/2018 9:14:11 AM], Unflagged by yumdrea [4/15/2018 9:14:14 AM]
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An indirect loan can refer to any loan in which the issuer or holder does not have a direct relationship with the borrower.

Added 4/15/2018 8:55:57 AM
This answer has been confirmed as correct and helpful.
Confirmed by yumdrea [4/15/2018 9:14:16 AM]
3
Illiquid refers to the state of a security or other asset that cannot easily be sold or exchanged for cash without a substantial loss in value.


Added 4/15/2018 8:56:43 AM
This answer has been confirmed as correct and helpful.
Confirmed by yumdrea [4/15/2018 9:14:17 AM]
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Questions asked by the same visitor
What is trust account?
Question
Updated 7/10/2015 8:46:45 PM
1 Answer/Comment
Trust Account is an account of property established with a trust company by a grantor, for distribution during or after the grantor's lifetime.

Added 7/10/2015 7:24:16 PM
This answer has been confirmed as correct and helpful.
Confirmed by yumdrea [7/10/2015 8:46:46 PM]
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